Trinity Mirror To Sell Magazines Unit

26 June 2006

The UK's biggest newspaper publisher, Trinity Mirror Group has hung up the 'for sale' notice at its magazines and exhibitions division.

The business comprises a mix of consumer and trade magazines and exhibitions that are split into Inside Communications and Trinity Publications.

The parent company, which owns around 250 national and regional newspapers, is looking at a price of up to £50 million ($91m; €72.6m).

The titles up for grabs include Stamp & Coin Mart and Classic Car Mart and it is reported that several private equity investors have expressed an interest in acquiring the business.

The sale is not believed to be part of any broader review of the group's assets, but comes in the wake of several newspaper publishers reassessing their portfolios and internet asset growth.

Data sourced from; additional content by WARC staff